The Forex market offers excellent liquidity with over $4 trillion traded every market day. Coupled with a 24hr market environment, this provides our professional traders with the best possible potential for profits.
Each of our professional traders uses trading methodologies that are a combination of proprietary algorithms and manual trading. Those trades selected by the professional traders for their own live money account are copied on a fully automated basis. Profitable results are always our goal while taking minimum levels of risk.
Note: Power Forex does not use any professional traders or systems that use grid, martingale, or excessive risk techniques in their trading.
Simply, there is volatility in active short term Forex trading. Experiencing a drawdown in your total account value at some point in time is an absolutely normal part of short term active trading. Overall profitability is much more important than short term fluctuations in trading performance.
VPS service is not required if you can make sure your computer is on whenever the Forex market is open (24/5). However, using a VPS is highly recommended to insure consistent internet connection which is needed for your trading platform to function properly at all times. Managed hosting will be available at a very reasonable price if needed.
You may add or withdraw funds from your account at any time. This is handled directly with the broker where your account is set up and is subject to the policies of that brokerage. Power Forex does not handle or have access to your funds. It is your account and you are in control of it.
The minimum account size will be determined by the broker you select. We do not set those parameters, however most brokers will have a minimum deposit of $200 and up. The minimum lot size allowed by your broker is very important.
Note: The minimum account size to participate is $200 USD or equivalent; however, you must have an account that will support the minimum lot size allowed by your broker.
Minimum lot size of your broker is 0.01 (micro lot - $0.10/Pip) = Minimum account size of $200
Minimum lot size of your broker is 0.10 (mini lot - $1.00/Pip) = Minimum account size of $2,000
Minimum lot size of your broker is 1.0 (standard lot - $10.00/Pip) = Minimum account size of $20,000
No, you do not need to sign an LPOA since you are in full control of your account at all times. Power Forex does not manage or have control over your money as we only provide a signal service that you can cancel at any time if you are ever unhappy with our service for any reason. You also control all risk settings for trades copied to your account.
We are not allowed to provide any guarantee of profit. You can view the performance page for information regarding past performance, however past performance is not indicative of future results.Risk Disclaimer